I have just started to learn Forex and it has taken me a long time to seive through a multitude of courses and eventually coming across this one. I am hoping to do a couple of months of learning with the aim to start trading from September onwards.
Once you are done with theory lessons and started practicing on a Demo Account, you may consider creating your own Trading Journal and ask burning questions over at the Beginner Questions section.
Regardless of how confident you feel with your knowledge of Forex trading, complete at least 100 trade positions on a Demo Account with the exact same strategy to determine whether you have an edge in the markets before taking on a Live Account.
As youโre in the UK, a special mention - donโt ignore that you are legally able to open an account with a spreadbetting company and trade tax-free that way. Worth opening a demo account at least to try it out. Make sure whoever you use is FCA-registered.
I will definitely use a demo account for the next couple of months. I dont plan on using real money until atleast september so I can try and bottom out some of the initial mistakes / sticking points before hand. I will look for fca as a main point but there are so many to choose from. Thank you for your advice
Welcome to the community, Heidi! Youโve got a good plan. I wish you well on your journey and hope to hear more of your trading experiences. See you around!